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JLS

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JLS

Re: RCKS post# 5183

Tuesday, 07/11/2023 11:25:34 PM

Tuesday, July 11, 2023 11:25:34 PM

Post# of 5534
Been waiting for our Inverted yield curve ...

to produce what it's famous for -- being a reputable forward indicator of a significant stock market decline. The current inverted yield curve is a whopper but nothing's happened ... yet.

The tone of the news I've been reading is changing: Just read, "Expectations are for earnings to decline for a third straight quarter. Consensus estimates project a decline of about 7% in earnings per share among S&P 500 companies compared to the same quarter last year, which would mark the steepest decline since 2020, per UBS."
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